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Single Family ResidenceResidential
$433,618$324 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $300,000 on Feb 6, 2018

118 MERLHAM DR

MADISON, WI 53705
3
Beds
1
Baths
1,339 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1952
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$434K
$423K low$444K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$300,000 · Feb 6, 2018
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$50,618
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$40,494
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.71%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$283,000
INTERFIRST MORTGAGE CO · recorded Apr 14, 2021
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$100,000
UNIVERSITY OF WISCONSIN CU

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,947 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$468,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$204,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$264,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$468,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$468,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyDane
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1979
Lot (acres)The size of the land the home sits on, from county records.0.24
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Block (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 32 ft²

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Van Hise Elementary SchoolA+
Elementary · Grades KG–5 · 0.3 mi
M
Velma Hamilton Middle SchoolA-
Middle · Grades 6–8 · 0.3 mi
H
West High SchoolA
High · Grades 9–12 · 1.4 mi

District: Madison Metropolitan School District

Neighborhood · ZIP 53705These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.114
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.77
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.21

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.32%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.27,087
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,234 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$85,897
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$115,042
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

118 Merlham Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 66% of homes in Sunset Village
  • Costs more per square foot than 84% of homes in Dane County
  • Smaller than 77% of homes in Madison 53705
  • Has a bigger lot than 86% of homes in Sunset Village
  • Newer than 81% of homes in Sunset Village

What homes are worth in Madison 53705

Each bar is how many homes fall in that price range. The marker is this home.

This home
$24K$1.8M

This home is worth more than 44% of homes in Madison 53705.

How it measures up in Madison 53705

The dot is this home. The mark in the middle is the typical home in Madison 53705.

Estimated value$433,618
CheaperTypical $472,757Pricier

Pricier than 44% of homes nearby

Price per ft²$324
CheaperTypical $271Pricier

Pricier than 71% of homes nearby

Living area1,339 ft²
SmallerTypical 1,868 ft²Bigger

Bigger than 23% of homes nearby

Lot size0.24 ac
SmallerTypical 0.24 acBigger

Bigger than 51% of homes nearby

Year built1952
OlderTypical 1958Newer

Newer than 38% of homes nearby

How 118 Merlham Dr ranks against every home in each area.
MeasureThis homeSunset VillageMadison 53705Dane County
Estimated valuepricier than$433,61834% of homes44% of homes53% of homes
Price per ft²pricier than$32462% of homes71% of homes84% of homes
Living areabigger than1,339 ft²32% of homes23% of homes26% of homes
Lot sizebigger than0.24 ac86% of homes51% of homes45% of homes
Year builtnewer than195281% of homes38% of homes23% of homes

About 118 Merlham Dr

How much is 118 Merlham Dr, Madison, WI worth?

The TopHap Estimate for 118 Merlham Dr, Madison, WI is $433,618 as of Jul 14, 2026. The likely range is $423,479 to $443,757. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 118 Merlham Dr, Madison, WI last sell?

118 Merlham Dr, Madison, WI last sold on Feb 6, 2018 for $300,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 118 Merlham Dr, Madison, WI?

118 Merlham Dr, Madison, WI has 3 bedrooms, 1 bathrooms, 1,339 square feet of living space and a 0.24-acre lot.

When was 118 Merlham Dr, Madison, WI built?

118 Merlham Dr, Madison, WI was built in 1952, making it 74 years old. It is a ranch home. The building has 1 story.

What schools serve 118 Merlham Dr, Madison, WI?

118 Merlham Dr, Madison, WI is assigned to Van Hise Elementary School (elementary), rated A+; Velma Hamilton Middle School (middle), rated A-; West High School (high), rated A. All sit in Madison Metropolitan School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 118 Merlham Dr, Madison, WI compare to other homes in Madison 53705?

Among the 7,460 homes in Madison 53705, it is worth more than 44% of them ($433,618 against a typical $472,757), its price per square foot is higher than 71% of them ($324 against a typical $271), it is bigger than 23% of them (1,339 ft² against a typical 1,868 ft²), its lot is bigger than 51% of them (0.24 ac against a typical 0.24 ac) and it is newer than 38% of them (1952 against a typical 1958). Measured against all of Dane County, it is worth more than 53% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 118 Merlham Dr, Madison, WI?

The 2024 property tax bill for 118 Merlham Dr, Madison, WI was $7,947. The county assessed it at $468,800.

Closest homes

More homes in Madison 53705

Assigned schools

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